4 Unit Chicago South Side For Sale $165k

[Neil S.]

Hello,

Have a 4 unit on 86th and Houston in the South Shore (60617) area of Chicago. Fully rehabbed last year 96k permitted. 2 bedroom 1 bath each unit. One unit occupied $700/month. Market rents are b/w $700-$800, gross rent potential of $2800-$3100 month.

Price = 165k

Bedrooms = 8

Bathrooms = 4

Lot Size = 3049 sq feet

Built = 1904

Recently Appraised for $175k, 10k instant equity.

Not a turnkey property, recommended for someone with experience investing on the south side of Chicago.